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Nov 12, 2012
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. >> glor: house speaker john boehner held a conference call with his members telling them compromise was needed. obama senior advisor david axelrod called boehner's comments to members encouraging. >> i think there are a lot of ways to skin this cat so long as everybody comes with a positive, constructive attitude toward the task. >> glor: if the automatic spending cuts happen, exactly 50% of the board without fall on the pentagon. national security correspondent david martin lays out what that would mean. e> reporter: the dreaded sequestration would double the $500 billion in cuts the pentagon is already planning to make over the next decade. defense secretary panetta has not minced words about what that would mean. >> if a sequestration is allowed to go into effect it will be a disaster for national defense. >> reporter: according to panetta the new american strategy of pivoting away from the wars in iraq and afghanistan toward the pacific and an emerging chinese superpower would come undone. >> all of that can go to hell if this congress doesn't face up and deal with the issue of
. >> glor: house speaker john boehner held a conference call with his members telling them compromise was needed. obama senior advisor david axelrod called boehner's comments to members encouraging. >> i think there are a lot of ways to skin this cat so long as everybody comes with a positive, constructive attitude toward the task. >> glor: if the automatic spending cuts happen, exactly 50% of the board without fall on the pentagon. national security correspondent david martin...
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Nov 12, 2012
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in terms of raising revenue which boehner grew about. if you grew the economy at reagan levels instead of two percent and obama and french levels, just growing faster and do that for a decade, the federal government gets trillions in taxes. we could undo the damage by having higher growth. >> gretchen: that's the difference in ideology. raise it to 3#.9 percent x. replace the alternative minimum tax with the buffet and raise the state tax and long-term capitol gains from 15-20. where do you think that those four points will go in negotiations with the republicans? >> mr. boehner said one thing he's not willing to give up on is maintaining the 35 percent top rate. obama wants 39.6 percent. it is rather significant increase. the obama care tax increase. he takes the tax rate on half of all maul - on small business fall in the higher tax rate of 44 percent and up from 35 percent that. is a body blow to small businesses . obama doesn't care. they are not unionized and don't help him out. we have to protect that part of the country and focus
in terms of raising revenue which boehner grew about. if you grew the economy at reagan levels instead of two percent and obama and french levels, just growing faster and do that for a decade, the federal government gets trillions in taxes. we could undo the damage by having higher growth. >> gretchen: that's the difference in ideology. raise it to 3#.9 percent x. replace the alternative minimum tax with the buffet and raise the state tax and long-term capitol gains from 15-20. where do...
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Nov 12, 2012
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yesterday john boehner told die an that is a nonstarter. >> i made clear yesterday that raising tax rates is unacceptable. and frankly it couldn't even pass the house. >> still today the president said the debate had been settled. >> this was a central question during the election. it was debated over and over again and on tuesday ni
yesterday john boehner told die an that is a nonstarter. >> i made clear yesterday that raising tax rates is unacceptable. and frankly it couldn't even pass the house. >> still today the president said the debate had been settled. >> this was a central question during the election. it was debated over and over again and on tuesday ni
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there's the faction that would be amenable to the deal and somebody like john boehner is going to be working toward a deal. and then there's the other side, the more tea party republicans who aren't going to want to accept this, who aren't going to be okay with raising taxes on anyone. and so i think we are going to see a little bit of a fight here. that said, they don't want to be the ones that cause the country to go over the cliff. it's going to be an interesting couple of weeks. >> i think fewer people are more representative of the other side. does grover norquist have any clout? >> he has some. can he stop a short-term deal from being done? it's the desire to never cut a dime from the defense or the military budget. i think the question will be -- we will see a deal, will it be another short-term deal that kind of exchanges the stopping of the sequestration cuts of the military spending increases in favor of something like lifting the cap off social security taxes or adding some taxes to the wealthiest families in addition to the ones that are already going to take effect janua
there's the faction that would be amenable to the deal and somebody like john boehner is going to be working toward a deal. and then there's the other side, the more tea party republicans who aren't going to want to accept this, who aren't going to be okay with raising taxes on anyone. and so i think we are going to see a little bit of a fight here. that said, they don't want to be the ones that cause the country to go over the cliff. it's going to be an interesting couple of weeks. >> i...
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Nov 12, 2012
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boehner does not. he can't get all of his people, he will have to go farther to the left than haster would have to get the same number of votes. >> the democratic caucus is more uniform in terms of its politics. there is less separating the most conservative and liberal democrat than they were even four years ago. i think that will be a challenge. certainly the democrats if they chose to wield power in pretty much the only way they can in the minority party, to not cooperate. the number of times that kevin mccarth he to go to the minority whip to say we need 30 democrats or this many to pass the debt ceiling or these short-term appropriations bills. you know the democrats were remarkably amenable to providing cover for the republican majority. if they truly wanted to wield power they would figure out a way to get something out of that. >> i will ask one more question which goes to the same dynamic. we were talk backstage about the results and what the freshman says where the center lies in this year's
boehner does not. he can't get all of his people, he will have to go farther to the left than haster would have to get the same number of votes. >> the democratic caucus is more uniform in terms of its politics. there is less separating the most conservative and liberal democrat than they were even four years ago. i think that will be a challenge. certainly the democrats if they chose to wield power in pretty much the only way they can in the minority party, to not cooperate. the number...
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Nov 12, 2012
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speaker boehner could envision tax reform closing loopholes in a way that would increase revenue but the critics are skeptical. but conservative columnist bill kristol shocked the g.o.p. with this comment yesterday. >> it won't kill the country if we raise taxes on millionaires. it won't. i don't understand why republicans don't take obama's offer to freeze taxes for everyone below $250,000. >>reporter: he asked why the republican family should fall on its sword for a bunch of millionaires who live in hollywood and voted democrat anyway. >>shepard: what is the president doing differently? >>reporter: aside from promoting his over referendum he will meet with business and labor leaders tomorrow and wednesday at the white house before meeting with congressional leaders. instead of late-night twisting arms in the cabinet room as he tried last year, the president may do a couple of rallies outside the beltway to remind lawmaker how americans voted. >> tuesday we found out the majority of americans agree with my approach, democrats, independents, and some republicans. new we need a majori
speaker boehner could envision tax reform closing loopholes in a way that would increase revenue but the critics are skeptical. but conservative columnist bill kristol shocked the g.o.p. with this comment yesterday. >> it won't kill the country if we raise taxes on millionaires. it won't. i don't understand why republicans don't take obama's offer to freeze taxes for everyone below $250,000. >>reporter: he asked why the republican family should fall on its sword for a bunch of...
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Nov 12, 2012
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boehner and his supposed mandate right now? >> well, i think that he said that the election would be a mandate, it was, and he lost. and i think that the important point about the crystal comment is that there's now a wedge in the republican party that the president needs to exploit. there's a wedge between the realist wing and the kind of fa fantasy, childish wing. the realist wing understands the president has a mandate. democrats won the presidency and the senate. we won a majority -- we won the popular vote if you add up the house races as well. look, i think it's in both parties' interest to avoid the fiscal cliff. neither of them want it for a whole host of reasons, including it will be damaging to the economy. we learned recently that president obama in august of 2011 was kind of ready to do a nixon goes to china moment on entitlements and i think that's still on the table. have real entitlement reform. on taxes it's as bill clinton said. it's simple math. spending is at 24% of gdp. taxes are at about 15% of gdp right no
boehner and his supposed mandate right now? >> well, i think that he said that the election would be a mandate, it was, and he lost. and i think that the important point about the crystal comment is that there's now a wedge in the republican party that the president needs to exploit. there's a wedge between the realist wing and the kind of fa fantasy, childish wing. the realist wing understands the president has a mandate. democrats won the presidency and the senate. we won a majority --...
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. >> reporter: speaker boehner even told his republican members they would have to avoid nasty fights, and according to "the new york times," they seemed to listen. but those words don't change a basic disagreement that could push the country off the fiscal cliff, the first of january. that's when a number of tax cuts expire, dubbed taxmageddon, meaning the average family will pay an extra $3,700 a year. and severe cuts to defense and government spending will be trigg triggered. the sticking point on avoiding that cliff? taxes. the president campaigned on and won on letting tax cuts for the rich expire. today, a leading republican said no. >> no republican will vote for higher tax rates. >> reporter: if that sounds a lot like the argument we've already heard, you're right. and democrats appear emboldened that rates for the rich rise. >> if the republicans will not agree with that, we will reach a point at the end of this year where all the tax cuts expire and we'll start over next year. >> reporter: the two sides have four more days to lay out their markers. on friday, congressional l
. >> reporter: speaker boehner even told his republican members they would have to avoid nasty fights, and according to "the new york times," they seemed to listen. but those words don't change a basic disagreement that could push the country off the fiscal cliff, the first of january. that's when a number of tax cuts expire, dubbed taxmageddon, meaning the average family will pay an extra $3,700 a year. and severe cuts to defense and government spending will be trigg triggered....
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and speaker john boehner's getting in on the love. >> 2013 should be the year to begin to solve our debt through tax reform and entitlement reform. this framework can lead to common ground. because if there was a mandate in this election, it was a mandate to work together to do what's in the best interest of our country. >> but any fundamental reform is going to require republicans to break their signed pledge against raising taxes. we'll discuss that next on "now." hungry for the best? it's eb. want to give your family the very best in taste, freshness, and nutrition? it's eb. want to give them more vitamins, omega 3s, and less saturated fat? it's eb. eggland's best eggs. eb's. the only eggs that make better taste and better nutrition... easy. eggland's best eggs. better taste. better nutrition. better eggs. it's eb. >>> let's have a serious debate. don't scream and yell. you know what, it won't kill the country if we raise taxes a little bit on millionaires. it really won't, i don't think. i don't see why republicans don't take obama's offer to freeze taxes for everyone below $250,000,
and speaker john boehner's getting in on the love. >> 2013 should be the year to begin to solve our debt through tax reform and entitlement reform. this framework can lead to common ground. because if there was a mandate in this election, it was a mandate to work together to do what's in the best interest of our country. >> but any fundamental reform is going to require republicans to break their signed pledge against raising taxes. we'll discuss that next on "now." hungry...
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john boehner, harry reid, mitch mcconnell, the same group last year. since that meeting, republicans have been discussing revenue increases. democrats want tax rate increases. republicans say there are other ways to get there like curbing tax deductions. >> this whole notion of capital gains and dividend taxes is really an explicit to pension funds and the ability of moms and pops that are out there to have income producing small capital investments. rich: the president's budget increases the top tax rate from 15 to 20%. meeting friday at the white house. back to you. lori: we know you will be there, rich. thank you. melissa: the president calling on congressional leaders to work together. congress has a voter mandate not to raise taxes. joining us now is steve moore from the "wall street journal." thank you for hopping on the phone to talk to us. i am really interested in the interview that you did. he said over the weekend "let me put it very clearly, i am not willing to turn off taxes for the sequester." >> one of the things that came through in my
john boehner, harry reid, mitch mcconnell, the same group last year. since that meeting, republicans have been discussing revenue increases. democrats want tax rate increases. republicans say there are other ways to get there like curbing tax deductions. >> this whole notion of capital gains and dividend taxes is really an explicit to pension funds and the ability of moms and pops that are out there to have income producing small capital investments. rich: the president's budget increases...
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Nov 12, 2012
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john boehner said, a couple of days after the election, that it was time to work on this reform. this got his caucus irritated. host: let's show the folks some of what he said in that statement. >> >> -- [video clip] >> i am not talking about a seven page bill. i am talking about a comprehensive approach to fixing the borders and a broken immigration system. again, on an issue this big, the president has to leave. i think members on both sides of the aisle want to resolve this issue. host: you said that his caucus was surprised by this statement? guest: from louisiana they put out a statement saying that he was upset about many of the things that boehner said, not just immigration, but conversations on the debt in the next couple of weeks. this problem has been in the house since long before the tea party showed up. the rank-and-file get a little bit nervous, understandably. i think that some of them could possibly lose elections, if they are forced to vote on something as controversial as a path to citizenship. i thought it was interesting, there have been some conservative pund
john boehner said, a couple of days after the election, that it was time to work on this reform. this got his caucus irritated. host: let's show the folks some of what he said in that statement. >> >> -- [video clip] >> i am not talking about a seven page bill. i am talking about a comprehensive approach to fixing the borders and a broken immigration system. again, on an issue this big, the president has to leave. i think members on both sides of the aisle want to resolve this...
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tone that we've seen since the election, whether it's from the president or the house speaker john boehner, but i can tell you in talking to sources privately on both sides of the aisle, they admit that it's all about positioning and posturing to make sure at the end of the day if we do go off the fiscal cliff that they're not blamed for it. they're the ones who looked reasonable, not unreasonable, and they're preparing for the other side to blame them for the opposite, if that makes sense. that's a lot of what you are saying in public. the reality is that neither side has a really clear machine date or clear vote and no one wants to look at the end of the day like they never gave compromise a chance. listen to republican bob corker, though, because there does seem to be a little bit of a crack on the republican side on whether or not it's okay to raise some taxes. >> i think there is a deal. the ying and yang is we know there has to be revenues, and i think -- look, i haven't met a wealthy republican or democrat in tennessee that's not willing to contribute more as long as they know we so
tone that we've seen since the election, whether it's from the president or the house speaker john boehner, but i can tell you in talking to sources privately on both sides of the aisle, they admit that it's all about positioning and posturing to make sure at the end of the day if we do go off the fiscal cliff that they're not blamed for it. they're the ones who looked reasonable, not unreasonable, and they're preparing for the other side to blame them for the opposite, if that makes sense....
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Nov 12, 2012
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boehner will be the speaker of the house unless something unforeseen happens in the next few weeks. he will keep the reins. the republicans lost a few seats, but that is not going to affect him. he ran unopposed in ohio for his own race, and the defining conflict of the republican conference in the 112th congress, the conflict between eric cantor and john boehner the speaker is really behind them from everything we have seen. that is remarkably stable, the first three positions. john boehner will be the next speaker, eric cantor will be the majority leader, and kevin mccarthy will be the majority whip. where it gets interesting is for the conference chairman position. that is currently held by jeb hensarling, who has been a rising star for a while within republican ranks. he was a republican study committee chairman, which is the top conservative position in republican circles in the house. there are two people making a run for conference chairman, tom price, who is also a former committee chairman of the past. he is currently making a bid for conference chairman, and then cathy mcm
boehner will be the speaker of the house unless something unforeseen happens in the next few weeks. he will keep the reins. the republicans lost a few seats, but that is not going to affect him. he ran unopposed in ohio for his own race, and the defining conflict of the republican conference in the 112th congress, the conflict between eric cantor and john boehner the speaker is really behind them from everything we have seen. that is remarkably stable, the first three positions. john boehner...
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Nov 12, 2012
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does he sit down in a room and honestly openly negotiate with speaker boehner, mitch mcconnell, or does he come in, give a set of demands and go hold a press conference? they can, i believe, hammer out -- >> same can the said on the other side, by the way. >> but if the president is willing to do it, the republicans have no choice. i mean, you can't turn down a president who just won re-election if he's sincere and willing to negotiate. >> going to take some bold initiatives which is my segue into your book, okay, because you've written this book about george washington and his bold moves to break the stalemate of the revolutionary war. so much has been written about george washington. what do you want readers to take away from this book that's new? >> well, i think particularly this morning is the launch of an american legacy book tour that calista and i are doing because she has two new children's books out for american history. the first thing is to say to people we have a long history of overcoming adversity. george washington is probably the greatest example of that, and in "victor
does he sit down in a room and honestly openly negotiate with speaker boehner, mitch mcconnell, or does he come in, give a set of demands and go hold a press conference? they can, i believe, hammer out -- >> same can the said on the other side, by the way. >> but if the president is willing to do it, the republicans have no choice. i mean, you can't turn down a president who just won re-election if he's sincere and willing to negotiate. >> going to take some bold initiatives...
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Nov 12, 2012
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so let boehner be boehner. host: the tax code, changes to the overall tax code next year. how likely is that? guest: i think it's likely. it won't be immediate. you want to get it right as you possibly can but that's a leverage point for john boehner. let's not focus on the latest rates, we know there are all these other areas where we can begin to grab revenue and pull it back into the government. and i think that's going to give him some leverage but he's going to need that leverage going into this and not be second guessed. host: our first call is from maryland but i want to put this on the table. is michael steele interested in running for governor in 2014? guest: i don't know. i love my state. it's where i was born and i'm not happy with what i see there. a lot of frustration. we've had a lot of spending in the state and a lot of tax increases and i think people are looking for something that is going to be a little different. it's a tough state and -- host: tough state for a republican? guest: tough state for a republican and it's one of those opportunities you have
so let boehner be boehner. host: the tax code, changes to the overall tax code next year. how likely is that? guest: i think it's likely. it won't be immediate. you want to get it right as you possibly can but that's a leverage point for john boehner. let's not focus on the latest rates, we know there are all these other areas where we can begin to grab revenue and pull it back into the government. and i think that's going to give him some leverage but he's going to need that leverage going...